KKR's $1.4 billion sports bet started with a decade-old relationship

L.A. Dodgers celebrate their 2024 World Series win. Elsa/Getty Images In February, KKR bought sports investing experts Arctos Partners for $1.4 billion. KKR's co-CEO Scott Nuttall explained how a deal a decade ago led to KKR's acquisition. He outlined how KKR and Arctos would build out a business buying stakes in private equity funds. KKR's $1.4 billion acquisition of Arctos Partners traces back more than a decade to a relationship that began long before Arctos even existed. "We have known ...